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Aurcana Corp. entered a definitive arrangement agreement to acquire all shares of Ouray Silver Mines in a reverse takeover transaction, with Ouray becoming a wholly-owned indirect subsidiary of Aurcana.
“Aurcana has entered into a definitive arrangement agreement with LRC-FRSM and LRC-FRSM II pursuant to which Aurcana will effect a business combination and reverse takeover transaction”rohstoff-welt.de
Summarized from public sources; check the original articles before acting on it.